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Government Bond Auction Pulls In USD 21 mln

Government Bond Auction Pulls In USD 21 mln

24 November 2008

The Finance Ministry sold two-year bonds with a 9% yield for USD 1 mln and five-year bonds with a 9.5% yield for USD 20 mln. This is the first time the government has found a taker for its five year bonds. The government’s next auction is scheduled for November 27.

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